Science

Sprint is slashing around 800 customer service jobs because the company said fewer people are calling its centers. Sprint said that it expects its work force to remain at around 40,000, as it cited growth in ot...

American Airlines might be bankrupt but it has posted record profit for the month of July. According to the company’s securities filing, it earned a record $349 million last month or $292 million if reorganizat...

Home Depot released its second quarter profit report that showed it topped estimates made by analysts. The largest home improvement retailer in the United States also announced that it increased its yearly fore...

Zillow is an operator of the biggest real estate web site in the United States. It has agreed to buy StreetEasy for $50 million in cash. The deal would make it possible for Zillow to expand its coverage of the ...

BlackBerry Chief Executive Officer Thorsten Heins will make $55.6 million if he sells the company and removed from the position. He will receive the amount if the company has a change of control and the new own...

J.C. Penney and its largest shareholder William Ackman reached a deal that would set terms that would allow the shareholder to unload his stake in the retailer in an orderly manner. The deal came days after Ack...

California’s jobless rate increased to 8.7 percent even if the state managed to add 38,100 jobs last month. The unemployment rate was up from 8.5 percent in June. This was according to the report from the Calif...

Illinois added 7,100 non-government jobs in July but its jobless rate increased to 9.2 percent. This was according to the initial data released by the Illinois Department of Employment Security and the Bureau o...

Traders from JPMorgan’s London office hid the extent of their losses resulting from the large bet that spun out of control in 2012. This was according to federal authorities who filed charges against the two fo...

Larges companies based in Florida are stashing at least $9.4 billion in foreign profits to prevent paying US income taxes. This was according to the Orlando Sentinel review of financial statements. The Sentinel...